eBay bike buy...

I just bought this SS bike on eBay for GBP 151,-

Is it worth the money?

General Information:

• Frame size - 23 1/2" (60cm) centre to top, 22" (56cm) centre to centre. * Assembled weight - 24lbs (10.9Kgs). * Wheel Base - 38 1/2" (978mm)
  Bike features include:
  
• Frame: Hi-ten steel. 72° parallel seat tube and head tube. 27cm B.Bkt height. Fully Tig welded with track type rear drop-outs. Rear seat stay bridge drilled to accept recessed brake bolt. Allen bolt alloy seat tube clamp. No cable guides or cable stops, very light weights 10kg.
  
• Forks: Tig welded Hi-ten steel with straight ovalised blades. 1 1/8; " steerer
  
• Headset/Extension: A-head type. 115mm alloy 2 bolt extension with 45mm fork clamp
  
• Wheels: 700c 30 mm deep section alloy aero rims built with 24 spokes on Assess large flange alloy hubs. Nutted axles to both front and rear
  
• Tyres: 700c x 28c high pressure (100PSI) nylon white wall race tyres. Schrader valve tubes
  
• B.Bkt: CrMo axle with crank bolts - cup and cone type
  
• Chainset: 175mm alloy cranks. Single steel 44T 5 bolt ring
  
• Pedals: Nylon body with alloy cage c/w reflectors
  
• Chain: Endless link
  
• Handlebars: Alloy 500mm semi-raised
  
• Grips: 110mm soft-feel type. * Freewheel: 18T
  
• Brakes: Adjustable reach 2 finger alloy levers. Alloy dual pivot callipers with cam action cable tension release. All rubber blocks with wheel guides
  
• Seat post: 300mm x 25.4mm alloy micro-adjust
  
• Saddle: Narrow type with soft feel top, plastic base and steel rails